Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

The Internal Revenue Service released new rules this week for a tax break that lets you deduct up to $10,000 in car loan ...

Of the 25 most popular new car models sold domestically in 2024, 14 underwent final assembly solely in the United States.

IRS guidance explains who qualifies for a new tax deduction on car loan interest, with limits on income, vehicle type, and ...

The federal government’s new “No Tax on Car Loan Interest” provision was enacted through last year’s Republican tax and ...

Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only ...

For value-minded consumers, used cars are generally considered a better deal than new cars. Does the new Trump tax break change that equation? The One Big Beautiful Bill Act promises “No Tax on Car ...

Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. Starting in tax year 2025, taxpayers will be able to deduct up to ...

This year has been pretty good for sales of new vehicles. Cox Automotive and Edmunds, two companies that track the industry, ...